The day after Frank of CNN reported the story, Breitbart reported: "One anonymous source told him both the Treasury Department and Senate Intelligence Committee are probing a Russian investment fund with ties to several senior finance world leaders close to President Trump. Only problem? Both Trump administration officials and those close to Senate GOP leadership say it’s simply untrue."

The source said the Senate intelligence committee is investigating the Russian fund in connection with its examination of discussions between White House adviser Jared Kushner and the head of a prominent Russian bank. The bank, Vnesheconombank, or VEB, oversees the fund, which has ties to several Trump advisers. Both the bank and the fund have been covered since 2014 by sanctions restricting U.S. business dealings.

However, Breitbart said, "The supposed Senate probe seems to exist only in the minds of Senate Democrats on the Intelligence Committee, not the full committee. Such vehemently anti-Trump voices as Sens. Kamala Harris (D-CA), Ron Wyden (D-OR), Martin Heinrich (D-NM) and Dianne Feinstein (D-CA) are on the Senate committee.

"CNN did not specify if its sole source for its story was a Democrat or Republican staffer, but most with familiarity on this matter assume that it was a Senate Democrat staffer without knowledge of the committee’s true intent or actions who made these inaccurate claims to CNN."

OK, a source lied to Frank. I get that. But what I don't get is this next paragraph from his story:

Scaramucci, the founder of SkyBridge Capital, minimized his January meeting with [Kirill] Dmitriev in the resort town of Davos, Switzerland, at the celebrated annual gathering of the World Economic Forum. Scaramucci had met Dmitriev at previous Davos meetings, although at the gathering in January, Scaramucci was expecting to be named White House liaison to the business community.

So, if you are at a party and you say hi to a fellow -- or heck, spend 15 minutes talking with him -- the Senate should investigate?

And a fellow who is a liaison to the business community is not supposed to attend a World Economic Forum for fear of rubbing elbows with a ROOSH-SHAN?

A new Rasmussen Reports poll published on Thursday found 76 percent of Republicans and 51 percent of voters not affiliated with either major political party believe most reporters are biased against the president, a view shared by only 24 percent of Democrats.

You lost half your credibility, media.

But wait. There's more:

New YouGov research shows that most Americans (70%) agree that news organizations report stories in a light that’s partial to who owns them. It’s interesting to note that the two prevailing political parties perceive media bias to varying degrees. About one in two Democrats (52%) believe that news media is influenced by funding while a drastically greater number of Republicans (85%) hold the same to be true.

As for this Fake News scandal, questions remain.

Judi McLeod of Canada Free Press noted the retraction: "That story did not meet CNN’s editorial standards and has been retracted. “Links to the story have been disabled."

McLeod asked, "Surely that statement begs the question: If the story did not meet CNN’s 'editorial standards,' why was it posted in the first place?”

Bigger question: who got fired?

For until CNN starts firing someone for all this Fake News it peddles, CNN will continue to peddle Fake News.

Maybe that is Jeff Zucker's intention. To just lie.

On November 8, 2016, the American people said, "Trump the Establishment!"

Now read the book that explains how and why the press missed this historic election.

Possible the CNN lawyers told Zucker that if they were wrong about the principle of the story they could be sued with some likelihood of plaintiff success. Also Russia is getting old, no longer the ratings producer it once was. Two days ago Comey was seen at the NYT building in broad daylight with his wife. It is therefore possible CNN has found out that some other cannonade of lies is in preparation to shortly open a new front in the war on Trump and so wants to clear its own decks for Zero Hour. In such a new phase of propaganda for the Cause it's fakley sincere apology to a Trumper might be seen as improving it own credibility a nanometer. All of these rats eat in the same dumpster and share their vomiting fleas in common.Media delenda estpmd

I might start believing unsourced stories if when a reporter is lied to, they burn the source. Not likely to happen, but when I was a manager and one of my people lied and set me up, he/she was GONE. Sort of what was reported about what Flynn did to the VP. Unacceptable and he was a known source.Don, is burning a lying source practical in the media world? Would sources dry up and that is why it is not done?

FAKE NEWS FOLLIES OF 2017

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I live in Poca, West Virginia, with my lovely wife of 40 years, Lou Ann. I am an Army veteran and Cleveland State graduate. I retired after 40 years as a newspaperman. In 2016, I published "Trump the Press," which drew rave reviews at Power Line and Instapundit.